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Samsung Group

Apple supplier LG Display puts $1.8B into flexible displays

LG Display Co., a supplier of Apple's iPhone screens, said Wednesday that it will invest 1.99 trillion won ($1.75 billion) to produce flexible displays for smartphones, in a sign that more high-end smartphone makers may adopt flexible screens in the near future.

The South Korean company said mass production of flexible displays will start in late 2018, at a scale that will supply enough 5.7-inch sized flexible screens for 3 million handsets per month.

The flexible displays will be made of advanced materials called OLEDs, or organic light emitting diodes, which display more saturated colors, such as a darker black, than LCDs.

While Apple still uses LCD screens for...

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